Bitcoin and the cryptocurrency industry are on a bull run. Everyone is telling you to buy this crypto or that crypto, but no one is telling you this…
They are not telling you when to sell.
It would be great to turn a $100 into a $1,000. You may get close to that with some cryptocurrencies, but it won’t happen with all of them.
The problem when you invest is you see the price going up, and you want the price to keep going higher. But this won’t happen.
Every cryptocurrency will reach a new high, crash, and you’ll watch your gains evaporate in minutes.
You’ll be mad you didn’t sell.
Then you hope the cryptocurrency price goes back up.
It may, but the price is likely to go down even lower.
I know since that’s been me every bull run since 2017.
In December 2017, I bought my first Bitcoin at $15,000. Then, the cryptocurrency hit a high of $19,497.14.
Waiting for Bitcoin to go higher, it hit a wall and fell before it went up four years later to another new all-time high.